Sunday, January 25, 2009

Zavvi: fit for the future?

Business took me back to the neighbourhood of Zavvi yesterday, and I popped in. Fans of the chain will doubtless be delighted to hear this time they actually had proper bags for carrying purchases away in.

More worrying is that - considering the Milton Keynes branch is supposed to be one not about to close - the store looked, well, awfully like a shop that was about to close. Everything seemed to be deeply discounted. Indeed, so discounted that the price cuts had outpaced the ability of the store to print signs, so most of the "25%" and "50%" signs had been drawn on cardboard in marker pen.

But with everything on sale - at silly prices - were I employed in the store, I might be wondering what, exactly, the store is intended to be selling in two months' time. Reducing large levels of less-than-attractive stock you can see - but flogging off everything dirt cheap? That looks like an exit strategy.

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